Search Result for : Bureaucracy

The Dollar Business Bureau  Ajay Kumar Bhalla, the Director General of Foreign Trade will be leaving the charge of Directorate General of Foreign Trade (DGFT) on June 30.  Bhalla, a 1984 batch IAS officer of the Assam-Meghalaya cadre who earlier served as the Additional Secretary in the Ministry of Commerce, will be joining as the new Power Secretary. He will take over the new charge from Power Secretary P K Pujari, who is retiring on June 30.  “The new name for the post of DGFT has not yet been decided. It will be decided within a day or two,” sources in DGFT office told The Dollar Business.  Bhalla, who had taken the charge in October 2016, is the fourth DGFT to leave the post ...

Sairaj Iyer Given the turn of surprising events during the day, there was an air of anticipation and excitement at the meet where former Finance Minister P Chidambaram spoke at length about India's economic growth, demonetization, reforms and taxes, simplifying taxes for commerce, anti-globalization, and many other economic issues and challenges that plague India and other countries. During the question and answer session, when asked what stood in the way of India's rapid economic growth, he said, in the background of demonetization, Trump's anti-globalization rhetoric, Brexit and sagging exports, 'it is the lack of focus on essential pillars such as taxes, bureaucracy, the creation of jobs and infrastructure'. The former Finance Minister was at his legal best using examples as reference points, ...

There are a number of different pokers in the fire. We are looking at, of course, ongoing negotiations around a Free Trade Agreement (FTA) with India, that continues to be an area of focus, said Steven Ciobo, Australias new trade minister Source: PTI Ciobo, who will be now be taking over ongoing negotiations over a FTA with India, had said last week before his swearing in ceremony that the free trade deal with India would be hard to close on   Australia's new trade minister has criticised India's "strong" bureaucracy for posing hurdles for a favourable business environment, saying sometimes one has to "roll up sleeves and apply a little elbow grease" to make things happen. "India is a country that has a huge ...